Equities Analysts Issue Forecasts for K92 Mining Q3 Earnings

K92 Mining Inc. (TSE:KNT) – Equities research analysts at Stifel Canada issued their Q3 2024 EPS estimates for shares of K92 Mining in a note issued to investors on Monday, October 21st. Stifel Canada analyst S. Soock forecasts that the company will post earnings of $0.29 per share for the quarter. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. Stifel Canada also issued estimates for K92 Mining’s FY2024 earnings at $0.54 EPS, FY2025 earnings at $0.94 EPS and FY2026 earnings at $1.41 EPS.

K92 Mining (TSE:KNT) last issued its quarterly earnings data on Tuesday, August 13th. The company reported C$0.03 EPS for the quarter, meeting the consensus estimate of C$0.03. The business had revenue of C$65.39 million during the quarter, compared to the consensus estimate of C$78.48 million. K92 Mining had a net margin of 13.24% and a return on equity of 8.25%.

K92 Mining Price Performance

KNT stock opened at C$9.40 on Thursday. The company has a fifty day moving average price of C$8.07 and a 200-day moving average price of C$7.82. The company has a market capitalization of C$2.23 billion, a P/E ratio of 55.29 and a beta of 1.07. K92 Mining has a 52-week low of C$4.64 and a 52-week high of C$9.91. The company has a debt-to-equity ratio of 11.19, a quick ratio of 3.15 and a current ratio of 2.95.

K92 Mining Company Profile

K92 Mining Inc engages in the mining, exploration, and development of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver. The company's mineral properties include the Kainantu gold mine project that covers an area of approximately 836 square kilometers located in the Eastern Highlands province of Papua New Guinea; and the Blue Lake gold-copper porphyry deposit located in the southwest of the Kora and Judd intrusion.